WM Launches Exchange Offer for Stericycle Notes

authorIntellectia.AI2024-10-09
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Illustration by Intellectia.AI

WM Announces Exchange Offer and Consent Solicitation for Stericycle Notes

WM, North America's leading provider of environmental solutions, has announced an Exchange Offer and Consent Solicitation for holders of Stericycle Notes. The offer is aimed at eligible participants outside the United States and U.S. persons, in compliance with Regulation S under the Securities Act.

The Exchange Offer is detailed in the Offering Memorandum, which will be distributed exclusively to holders of Stericycle Notes who qualify as eligible participants. WM emphasizes that no recommendations are being made by WM, its directors, or any associated parties regarding the tendering of Stericycle Notes or consenting to proposed amendments.

The Offering Memorandum and related materials are being directed only to persons outside the UK, UK investment professionals, and high net worth entities, in accordance with the Financial Services and Markets Act 2000.

WM highlights that neither the Securities and Exchange Commission nor any other regulatory body has approved the WM Notes or the Offering Memorandum. The Exchange Offer is not available in jurisdictions where it would violate local laws.

About WM

WM, formerly Waste Management, is based in Houston, Texas, and leads North America in providing environmental solutions. WM offers collection, recycling, and disposal services across the U.S. and Canada, supporting sustainability goals with innovative recycling and renewable energy solutions. WM operates the largest natural gas truck fleet and landfill gas-to-energy plants in North America.

Forward-Looking Statements

This announcement includes forward-looking statements about the acquisition of Stericycle and the Exchange Offer, subject to risks and uncertainties. These are detailed in WM’s recent financial reports.

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